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AUO (FRA:AU7) Cyclically Adjusted PS Ratio : 0.36 (As of Jun. 10, 2024)


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What is AUO Cyclically Adjusted PS Ratio?

As of today (2024-06-10), AUO's current share price is €5.05. AUO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was €13.96. AUO's Cyclically Adjusted PS Ratio for today is 0.36.

The historical rank and industry rank for AUO's Cyclically Adjusted PS Ratio or its related term are showing as below:

FRA:AU7' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.28   Max: 0.82
Current: 0.37

During the past years, AUO's highest Cyclically Adjusted PS Ratio was 0.82. The lowest was 0.16. And the median was 0.28.

FRA:AU7's Cyclically Adjusted PS Ratio is ranked better than
78.51% of 1922 companies
in the Hardware industry
Industry Median: 1.08 vs FRA:AU7: 0.37

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

AUO's adjusted revenue per share data for the three months ended in Mar. 2024 was €2.252. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is €13.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AUO Cyclically Adjusted PS Ratio Historical Data

The historical data trend for AUO's Cyclically Adjusted PS Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AUO Cyclically Adjusted PS Ratio Chart

AUO Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.35 0.56 0.30 0.38

AUO Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.37 0.33 0.38 0.37

Competitive Comparison of AUO's Cyclically Adjusted PS Ratio

For the Electronic Components subindustry, AUO's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AUO's Cyclically Adjusted PS Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, AUO's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where AUO's Cyclically Adjusted PS Ratio falls into.



AUO Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio.

AUO's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=5.05/13.96
=0.36

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

AUO's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AUO's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.252/131.7762*131.7762
=2.252

Current CPI (Mar. 2024) = 131.7762.

AUO Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.253 100.560 4.263
201409 3.575 100.428 4.691
201412 3.543 99.070 4.713
201503 3.638 99.621 4.812
201506 3.457 100.684 4.525
201509 3.163 100.392 4.152
201512 3.034 99.792 4.006
201603 2.546 100.470 3.339
201606 2.866 101.688 3.714
201609 3.165 101.861 4.095
201612 3.534 101.863 4.572
201703 3.509 102.862 4.495
201706 3.225 103.349 4.112
201709 3.161 104.136 4.000
201712 2.955 104.011 3.744
201803 2.686 105.290 3.362
201806 2.774 106.317 3.438
201809 2.936 106.507 3.633
201812 2.859 105.998 3.554
201903 2.485 107.251 3.053
201906 2.574 108.070 3.139
201909 2.631 108.329 3.200
201912 2.395 108.420 2.911
202003 2.122 108.902 2.568
202006 2.489 108.767 3.016
202009 2.759 109.815 3.311
202012 3.065 109.897 3.675
202103 3.219 111.754 3.796
202106 3.731 114.631 4.289
202109 3.162 115.734 3.600
202112 3.032 117.630 3.397
202203 2.632 121.301 2.859
202206 2.105 125.017 2.219
202209 1.895 125.227 1.994
202212 2.120 125.222 2.231
202303 2.043 127.348 2.114
202306 2.483 128.729 2.542
202309 2.733 129.860 2.773
202312 2.424 129.419 2.468
202403 2.252 131.776 2.252

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


AUO  (FRA:AU7) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PS Ratio should give similar results to regular PS Ratio.


AUO Cyclically Adjusted PS Ratio Related Terms

Thank you for viewing the detailed overview of AUO's Cyclically Adjusted PS Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AUO (FRA:AU7) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » AUO Corp (FRA:AU7) » Definitions » Cyclically Adjusted PS Ratio
Traded in Other Exchanges
Address
No. 1, Li-Hsin Road 2, Hsinchu Science Park, Hsinchu, TWN, 300094
AUO Corp is a Taiwan-based company that manufactures & distributes thin-film-transistor liquid-crystal-display (TFT-LCD) panels to original equipment manufacturers. The display segment generally is engaged in the research, development, design, manufacturing, & sale of flat panel displays. The energy segment mainly is engaged in the design, manufacturing, and sale of ingots, solar wafers, and solar modules, as well as providing technical engineering services and maintenance services for solar system projects AU Optronics has manufacturing facilities in Taiwan, Japan, and Malaysia. It operates in two segments - The display segment & energy segment, the majority is derived from the Display segment. Geographically, the majority is from the PRC (including Hong Kong).

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